The Heinrich Team
Big Sur, CA 93920
Single-Family Homes
Ben & Carole Heinrich Coldwell Banker Carmel
Big Sur, CA 93920
Fri Aug 14 2020
This week the median list price for Big Sur, CA 93920 is $2,799,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 9.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.
Real-Time Market Profile
| Median List Price | $2,799,000 | |
| Per Square Foot | $1,232 | |
| Days on Market | 339 | |
| Price Decreased | 11% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 9 | |
| Median Rent | ||
| Most Expensive | $5,500,000 | |
| Least Expensive | $1,298,000 | |
| Market Action | 29 | |
| Slight Buyer's Advantage | ||
Each segment below represents approximately 25% of the market ordered by price.